948 Lake Drive

FOR SALE
$975,000
948 Lake Drive, Georgina
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
948 Lake Drive
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7
BEDROOMS
4
BATHROOMS
4
KITCHENS
16
ROOMS
N12581470
MLSID
Contact Us
Property Description
Welcome to this rare income-generating fourplex, ideally located in the heart of Jacksons Point just steps from Lake Simcoe, beaches, parks, shops, and restaurants. This well-maintained property features four self-contained units, each offering comfortable layouts and strong rental appeal.Whether you're an investor looking for steady cash flow or a buyer seeking a multi-generational living opportunity, this property delivers flexibility and long-term value. Three of the suites feature two spacious bedrooms and one full bathroom, while the fourth suite offers a cozy one-bedroom layout, also with a full bathroom. Each unit is self-contained and separately metered, giving tenants independence and reducing management complexity for the owner. With its versatile unit mix, this property appeals to a wide range of tenants, from professionals and couples to small families. Investors will appreciate the steady rental demand in Jacksons Point, a community known for its blend of small-town charm and recreational lifestyle, while residents enjoy easy access to parks, beaches, marinas, and year-round outdoor activities.Tenants enjoy the convenience of on-site parking, private entrances, and easy access to local amenities, while owners benefit from consistent rental income in a highly desirable lakeside community. With Jacksons Point continuing to grow as a sought-after destination for year-round living and recreation, this fourplex is a prime opportunity to secure a strong-performing asset in a thriving market.
Sold History
List Date Sold Date Days Listed List Price Sold Price
2015-09-29 2015-11-03 35 $599,000 $520,000
2005-10-05 2006-02-02 120 $359,900 $347,500
2002-08-31 2002-09-12 12 $232,900 $230,000
1998-07-13 1999-01-19 190 $189,900 $185,000
Property Features
Beach, Marina, Park, Place Of Worship, School, Golf, None, Accessory Apartment
Property Details
Address
948 Lake Drive
Postal Code
L0E 1L0
Property Type
Fourplex, Fourplex
Lot Size
58' x 100'
Acreage
5,663.0 Feet
Taxes
$4,612 (2025
Basement
Finished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
Listing contracted with Re/Max Hallmark York Group Realty Ltd.
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